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2501 & 2521 NORTH MARKET ST Wilmington DE 19802

[Locked] • APN 26-022-40-002,26-022-40-001

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Details
Property Type Mixed Use, Office
Sub Type Executive Office
Days on Market ******
APN 26-022-40-002,26-022-40-001
Latitude 39.7543
Longitude -75.5368

Property History

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Property Type
Property Type
Office, Mixed Use
Property Subtype
Executive Office
Marketing Description

2501 & 2521 North Market St, Wilmington, DE 19802 offers a standout opportunity to acquire a well-located mixed-use commercial asset in one of Wilmington’s most visible and high traffic count commercial corridors.​ This well-maintained, high-visibility corner property (a former landmark fire house) was recently "extensively renovated" and is ready to accommodate its next owner.​ The main floor and lower level comprise three flexible floor plans of approximately 4,500 +/- SF combined. These are 'multi-tenant-capable' and "demisable" into "at least" three areas as follows: The main 12" ceiling fire hall (approx.​ 1,736 +/- SF), the new brick addition (approx.​ $1,108 +/- SF) and the lower level (approx.​ 1,620+/- SF).​ These can support a variety of uses including retail, office, showroom, workshop, restaurant, daycare, special purpose, storage, and other mixed-use concepts.​ On the upper level, two renovated 2BR / 2BA residential apartments create extra cash flow or can be used as owner / user residences or possibly Air BnB income (subject to city permitting). Each apartment enjoys an individually dedicated HVAC system, a hot water heater, clothes washer and dryer and central sprinkler system and alarm. Positioned along North Market Street with strong frontage and traffic exposure, the site benefits from a prominent corner presence and excellent accessibility.​ The property includes ample on-site parking at the rear, with a gated parking lot of at least 20 spaces and potential for additional parking, making it especially attractive for customer-facing or operational users.​ Located just minutes from the Downtown Wilmington business and entertainment district, Lawyer's Row, the Wilmington Train Station, Wilmington Riverfront attractions, multiple hotels, restaurants, major travel routes and highways I-95 and I-495, The Brandywine Zoo, Brandywine River, Christiana Care Hospital and so much more; the property offers convenient access for employees, clients, and vendors alike. Surrounded by dense residential neighborhoods, commercial activity, and ongoing revitalization, this location places your business in the path of growth, accessibility and daily visibility. Available for immediate occupancy, this is an exceptional opportunity to establish or expand your presence in a high-traffic, strategically connected Wilmington location.

Investment Highlights

BUILDING: ​2501 N. Market Street (Fire House Parcel)

  • Corner parcel with building
  • Tax Parcel ID: 26-022.40-002
  • Lot Size: 0.18 Acres (Approx. 7,841 Sf)
  • New sprinkler and alarm system throughout entire building
  • New roof
  • Fire doors can be reopened / drivable floors in main hall
  • Adjacent parking lot of 20+ spaces included in the sale

PARKING LOT:

  • 2521 N. Market Street (Parking Lot Parcel)
  • Gated Parking Lot With 20 Spaces (Potential to Add 5 More)
  • Tax Parcel ID: 26-022.40-001
  • Lot Size: 0.14 Acres (Approx, 6,098 Sf)
  • Zoning: 26c-1

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
YB
Yasmin Bowman PRO
•••.•••.8667
••smin@•••••••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
MH
Mitri Habash PRO
•••.•••.3025
••bash@••••••••••••••••.com
Brokerage logo

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Rental Market Overview

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